Capitalism, Socialism, Communism

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Transcript of Capitalism, Socialism, Communism

Capitalism, Socialism, CommunismBy: Colton Salyers, Cody Coon, Cole HilderbrantCapitalismSocialismCommunismCapitalism is a free market system based on the private ownership of the means of production and distribution of goods, chacrterized by a free competitive market and motivation by profit. Socialism is a political system of communal ownership: a political system or theory in which the means of productionand distribution are controlled by the people and operated according to equity and fairness rather than market principles. Communism is a way of organizing a society in which the government owns the things that are used to make and transport products and there is no privately owned property.Capitalism = Free Market You have two cows. You sell one and buy a bull. Your herd multiplies and the economy grows. You sell them and retire on the income.

Socialism You have two cows. The government takes one and gives it to your neighbor.

Communism You have two cows. The government takes both of them and gives you part of the milk.

There are only two complete communist states in the world and they are Cuba and North KoreaCommunism was an economic-political philosophy founded by Karl Marx and Friedrich Engels in the second half of the 19th century. Marx and Engels met in 1844, and discovered that they had similar principles. In 1848 they wrote and published "The Communist Manifesto."History Of CommunismCapitalist CountriesGermanyAmericaIndia JapanThe History Of CapitalismSocialist Countries•Denmark•Finland•Netherlands•Canada•Sweden•Norway•Ireland•New Zealand•Belgium

The History Of SocialismThe history of socialism finds its origins in the French Revolution of 1789 and the changes brought about by the Industrial Revolution, although it has precedents in earlier movements and ideas. Like the concept of capitalism, it embraces a wide range of views.The underlying theme of capitalism is the use of wealth to create more wealth. The simplest form of this is lending money at interest, reviled in the Middle Ages as the sin of usury. At a more sophisticated level capitalism involves investing money in a project in return for a share of the profit. Ties To Animal FarmCertain animals are based directly on Communist Party leaders: the pigs Napoleon and Snowball, for example, are figurations of Joseph Stalin and Leon Trotsky, respectively.Animal Farm is not a tract against socialism. It is George Orwell's allegory of how a socialist revolution may be betrayed.

Works CitedAlthough Socialism is a good idea and is meant to be fair to evryone it can easily be corrupted by the people in charge of the system. A tie to the book would be how Napoleon and Squealer use the system to their advantages. "HISTORY OF CAPITALISM." HISTORY OF CAPITALISM. N.p., n.d. Web. 16 Dec. 2013"Communism and Computer Ethics." Communism: History and Background. N.p., n.d. Web. 16 Dec. 2013."Communism." Merriam-Webster. Merriam-Webster, n.d. Web. 16 Dec. 2013."Socialism." Merriam-Webster. Merriam-Webster, n.d. Web. 16 Dec. 2013."Capitalism." Dictionary.com. Dictionary.com, n.d. Web. 16 Dec. 2013."The Two Cow Philosophy of Government." The Two Cow Philosophy of Government. N.p., n.d. Web. 16 Dec. 2013.